President and COO Ben Bun Wong sold 50,181 shares of VZIO at $10.63 on 2024-06-21, retaining 3,600,942 shares post-sale.
Ben Bun Wong, President and COO, sold 50,181 shares at $10.63, reducing his holdings by -1.4% while retaining 3.60M shares. The sale occurs in a company context marked by recent underperformance: VZIO's annual revenue growth stands at -9.8%, net income is -$12.1M on $353.9M quarterly revenue, and the stock trades -4.6% from its 52-week high of $11.18. Wong's cross-ticker track record shows 1 prior sell with an average 30-day return of +0.9%, and his lone prior VZIO transaction (a sell on 2024-05-22) also had a 30-day return of +0.9%. The sale represents a modest reduction in an already-significant position and does not constitute a major stake liquidation.